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Lysterfield Ltd has various non-current assets, including buildings and machinery. Both assets are being depreciated using the straight-line method.~ The buildings were purchased on 1 July 2016, with an anticipated residual value of $200,000 and an expected useful life of 16 years. The Buildings are being recorded under the revaluation model. ~ The machinery was purchased on 1 July 2015, with an anticipated residual value of $30,000 and an expected useful life of 8 years. The machinery is being recorded under the cost model. ~ An extract of the balance sheet at 1 July 2018 is provided below:~ Non-current Assets Buildings 1,800,000- Accumulated Depreciation (200,000) 1,600,000( Machinery 750,000( Accumulated Depreciation (270,000)- 480,000